Investment Info:Single-family residence fix & flip investment.

When you buy a primary residence you are typically using a conventional conforming (fannie/freddie) type loan.

The tenants are currently in court with a title dispute so the house would have to be paid for cash only.I would like to convert it to a primary residence and turn the garden level into a separate two bedroom apartment for use as an in law suite.

Investment Info:Single-family residence fix & flip investment.

I am just starting my investment journey, so have only used Real Estate Agents to assist with buying and selling my primary residence. 

Also there is no restriction on acquiring conventional loan on primary residence even if you have maxed out on conventional loan for rentals.

If you have not flipped a home, do not have a rental property, and do not own a primary residence, you may have a hard time getting into lending.

Because they were primary residences, we had homesteads on all of them.

There are companies who buy homes, renovate them, place a resident in, sell the property then manage the property as well on the back end.

We also have over 5,000 residents that we trying to impact in a positive way.